KRC

Borrowers face difficulty and confusion when student debt payments resume

Retrieved on: 
Tuesday, November 9, 2021
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"With student loan payments restarting soon, these workers need tools and resources that can help them feel more confident about their finances and achieve their goals."

Key Points: 
  • "With student loan payments restarting soon, these workers need tools and resources that can help them feel more confident about their finances and achieve their goals."
  • A little more than half of these workers (55%) still worry about their student debt.
  • The new TIAA student debt survey found three in five (60%) respondents think their employer has a responsibility to help them with their student debt.
  • Confusion also exists as there have been ongoing changes in the student debt servicing market.

Amid the Great Resignation, Perks and Pay Are No Longer Enough

Retrieved on: 
Wednesday, October 20, 2021
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"Given our collective new 'workplace normal', we set out to assess the key drivers of employee satisfaction,retentionand advocacy amid today's unprecedented war for talent.

Key Points: 
  • "Given our collective new 'workplace normal', we set out to assess the key drivers of employee satisfaction,retentionand advocacy amid today's unprecedented war for talent.
  • However, often the missing link in building a loyal and thriving workforce is empowering people to do work that enriches their lives.
  • This is the moment for companies to re-imagine their employee experience for a much different employee-employer relationship in the future," Bullinger said.
  • Getting a "fair deal" at and from work is more than pay equity and job security.

Kilroy Realty Announces Dates for Third Quarter 2021 Earnings Release and Conference Call

Retrieved on: 
Monday, October 4, 2021
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Kilroy Realty Corporation (NYSE: KRC) announced it will release third quarter 2021 financial results after the market closes on Wednesday, October 27, 2021.

Key Points: 
  • Kilroy Realty Corporation (NYSE: KRC) announced it will release third quarter 2021 financial results after the market closes on Wednesday, October 27, 2021.
  • The company will hold a conference call to discuss the results at 10:00 a.m. PT / 1:00 p.m.
  • In order to bypass speaking to the operator on the day of the call, please pre-register anytime at https://dpregister.com/sreg/10148269/d9abb9d1ff .
  • All forward-looking statements are based on currently available information and speak only as of the dates on which they are made.

Kilroy Realty, L.P. to Redeem All Outstanding 3.800% Senior Notes Due 2023

Retrieved on: 
Thursday, September 23, 2021
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Kilroy Realty Corporation (NYSE: KRC) today announced that its operating partnership, Kilroy Realty, L.P., will redeem all $300.0 million aggregate principal amount of its outstanding 3.800% Senior Notes due January 15, 2023 (CUSIP No.

Key Points: 
  • Kilroy Realty Corporation (NYSE: KRC) today announced that its operating partnership, Kilroy Realty, L.P., will redeem all $300.0 million aggregate principal amount of its outstanding 3.800% Senior Notes due January 15, 2023 (CUSIP No.
  • The redemption date for the Notes will be October 25, 2021 (the Redemption Date).
  • The loss from early extinguishment of debt was not previously reflected in the Companys second quarter guidance estimates for full year 2021.
  • U.S. Bank National Association, as Trustee and Paying Agent, is mailing a notice of redemption to all registered holders of the Notes.

Kilroy Realty, L.P. Prices $450.0 Million of 2.650% Senior Notes Due 2033

Retrieved on: 
Thursday, September 23, 2021
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Kilroy Realty Corporation (NYSE: KRC) (the Company) today announced that its operating partnership, Kilroy Realty, L.P., has priced an underwritten public offering of $450.0 million aggregate principal amount of 2.650% senior notes due 2033 (the Notes).

Key Points: 
  • Kilroy Realty Corporation (NYSE: KRC) (the Company) today announced that its operating partnership, Kilroy Realty, L.P., has priced an underwritten public offering of $450.0 million aggregate principal amount of 2.650% senior notes due 2033 (the Notes).
  • The offering is expected to close on October 7, 2021, subject to the satisfaction of customary closing conditions.
  • Net proceeds from the offering are expected to be approximately $445.8 million, after deducting the underwriting discount and the Companys estimated expenses.
  • The Notes are being offered pursuant to an effective shelf registration statement filed by Kilroy Realty Corporation and Kilroy Realty, L.P. with the Securities and Exchange Commission (SEC).

Kiwetinohk Resources Completes Strategic Combination With Distinction Energy to Form Kiwetinohk Energy

Retrieved on: 
Wednesday, September 22, 2021
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Available liquidity is calculated as available credit facility capacity after deducting drawn amounts and outstanding letters of credit.

Key Points: 
  • Available liquidity is calculated as available credit facility capacity after deducting drawn amounts and outstanding letters of credit.
  • Readers are encouraged to review Kiwetinohks June 30, 2021 financial statements and other materials filed under its SEDAR profile.
  • This additional information should not be considered in isolation or as a substitute for measures prepared in accordance with IFRS.
  • Kiwetinohk is an integrated energy transition company focused on production of low carbon/carbon free energy incorporating all facets of the energy spectrum through alignment of hydrocarbons and green energy solutions that will collectively be required to service future energy demand.

Cushman & Wakefield Represents Tenant and Landlord in 96,000-SF Office/Life Sciences Headquarters Lease in San Diego

Retrieved on: 
Wednesday, September 22, 2021
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DMCC is surrounded by world-class shopping and dining, and is near many of San Diegos top neighborhoods.

Key Points: 
  • DMCC is surrounded by world-class shopping and dining, and is near many of San Diegos top neighborhoods.
  • Cushman & Wakefields David Odmark represented DermTech and Cushman & Wakefields Brett Ward, Brian Starck and Michael Cassolato represented Kilroy Realty in the transaction.
  • Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners.
  • Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries.

Kilroy Realty Grows Seattle Footprint With $490 Million Acquisition

Retrieved on: 
Monday, September 20, 2021
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Kilroy Realty Corporation (NYSE: KRC) today announced that it completed the acquisition of West 8th, a 28-story, LEED Platinum, 539,000 square foot office building in Seattle.

Key Points: 
  • Kilroy Realty Corporation (NYSE: KRC) today announced that it completed the acquisition of West 8th, a 28-story, LEED Platinum, 539,000 square foot office building in Seattle.
  • West 8th, built in 2009, is located directly across the street from Amazons nearly five million square foot newly constructed headquarters campus.
  • The $490 million acquisition will increase the companys Greater Seattle portfolio to just under three million square feet, including the recently completed and fully leased 333 Dexter project.
  • Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, the Pacific Northwest and Austin, Texas.

Kilroy Signs Three New Leases Totaling 330,000 Square Feet of Office-to-Life Science Redevelopments in San Diego

Retrieved on: 
Monday, September 20, 2021
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Kilroy Realty Corporation (NYSE: KRC, "Kilroy") today announced three new leases totaling 330,000 square feet with publicly traded life science and biotech companies in San Diego.

Key Points: 
  • Kilroy Realty Corporation (NYSE: KRC, "Kilroy") today announced three new leases totaling 330,000 square feet with publicly traded life science and biotech companies in San Diego.
  • Tandem Diabetes Care (~182,000 square feet), DermTech (~96,000 square feet), and Sorrento Therapeutics (~52,000 square feet) lease transactions involve the redevelopment of commercial office space into three state-of-the-art life science/lab facilities and support Kilroy's significant investment in broadening its life science portfolio.
  • Kilroy also plans for a ~600,000 square foot project (Santa Fe Summit) with tech office/life science flexibility on the 56 Corridor to meet the growing demand for space among life science companies in San Diego.
  • In addition, Kilroy had seven in-process development projects with an estimated total investment of $2.9 billion, totaling approximately 3.4 million square feet of office and life science space.

Hilton and Mars Petcare Team Up to Redefine Pet-Friendly Travel

Retrieved on: 
Wednesday, September 15, 2021
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MCLEAN, Va. and FRANKLIN, Tenn., Sept. 15, 2021 /PRNewswire/ -- Today, global hospitality leader Hilton and Mars Petcare, the world's largest pet care company, announced they are teaming up to set a new standard for pet-friendly travel. Leveraging insights from Mars Petcare's BETTER CITIES FOR PETS™ program, Hilton's Extended Stay brands, Homewood Suites by Hilton and Home2 Suites by Hilton will implement pet-focused programming and benefits in the U.S. and Canada to become a pet hero for guests. Additionally, by January 1, 2022, Homewood Suites will join Home2 Suites to become a 100% pet-friendly brand across its portfolio of hotels and both brands will introduce consistent pet fees, starting at $50 per stay.

Key Points: 
  • This first-of-its-kind program for Mars Petcare in the travel industry, will provide guests access to Mars Petcare experts for pet health and wellness and behavioral questions that may come up during their stay.
  • Homewood Suites by Hilton and Home2 Suites by Hilton offer spacious and value-driven accommodations for the whole family, pets included.
  • Experience a positive stay at Homewood Suites by Hilton by booking at homewoodsuites.com or throughthe industry-leading Hilton Honors app .
  • Experience a positive stay at Home2 Suites by Hilton by booking at home2suites.com or throughthe industry-leading Hilton Honors app .